RBI/2016-17/36 DBR.No.BP.BC.4/21.03.009/2016-17 August 11, 2016 All Commercial Banks and All India Financial Institutions (Exim Bank, NABARD, NHB and SIDBI) Madam / Sir, Capacity Building in Banks and AIFIs The Reserve Bank had constituted a ‘Committee on Capacity Building’ (July 2014) under the Chairmanship of former Executive Director, Shri G Gopalakrishna, with the objective of implementing… Read More
CIRCULAR SEBI/HO/CDMRD/DMP/CIR/P/2016/72 August 19, 2016 To, The Managing Directors / Chief Executive Officers of All Commodity Derivatives Exchanges Dear Sir / Madam, Sub: Programmes sponsored by the Exchanges through media channels 1. As per Section 131(4) of Finance Act, 2015 all rules, directions, guidelines, instructions, circulars, or any like instruments, made by the erstwhile FMC… Read More
CIRCULAR SEBI/HO/CDMRD/DMP/CIR/P/2016/71 August 19, 2016 To, The Managing Directors / Chief Executive Officers National Commodity Derivatives Exchanges Dear Sir / Madam, Sub: Position Limits for Hedgers 1. As per Section 131(4) of Finance Act, 2015 all rules, directions, guidelines, instructions, circulars, or any like instruments, made by the erstwhile FMC or the Central Government applicable… Read More
CIRCULAR SEBI/HO/CDMRD/DMP/CIR/P/2016/73 August 19, 2016 To, The Managing Directors / Chief Executive Officers of All Commodity Derivatives Exchanges Dear Sir / Madam, Sub: Modification of Client Codes post Execution of Trades on National and Regional Commodity Derivatives Exchanges– Clarification 1. This circular is in reference to the SEBI circular No. SEBI/HO/CDMRD/ DMP/CIR/P/2016/43 dated March 29,… Read More
Forms AOC-4, AOC-4 CFS, DIR-12, FC-2 and MGT-15 are likely to be revised on MCA21 Company Forms Download page w.e.f 24th August 2016. Stakeholders are advised to check the latest version before filing. Read More
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, 12th August, 2016 G.S.R. 791(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Share Capital and Debentures) Rules, 2014, namely:— 1. (1)… Read More
Continuing with its commitment to the early and smooth roll-out of the Goods and Services Tax (GST) and recognizing the role of trade and industry as equal partners and stakeholders in this historic reform, both Department of Revenue and Central Board of Excise and Customs (CBEC) are holding interactive sessions, spread over three days starting… Read More
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its ex-post facto approval for amendment of Section 64 and section 65 and consequential amendment of section 115 of the Factories Act, 1948 by introducing the Factories (Amendment) Bill, 2016 in the Parliament. The approved amendments will give boost to the manufacturing… Read More
Based on the recommendations of Foreign Investment Promotion Board(FIPB) in its 237thmeeting held on 12th July 2016, the Government has approved one Foreign Direct Investment (FDI) proposal as per details enclosed. 1. The following one (01) proposal has been approved: S. No Item No Name of the applicant Gist of the proposal Sector FDI (Rs. … Read More
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its ex-post facto approval for amendments to Section 44 and consequential amendments of the Lokpal and Lokayuktas Act, 2013 by introducing the Lokpal and Lokayuktas (Amendment) Bill, 2016 in the Parliament. The approved amendments will address concerns and apprehensions expressed by different… Read More
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its ex-post facto approval for amendments to the Maternity Benefit Act, 1961 by introducing the Maternity Benefit (Amendment) Bill, 2016 in Parliament. The maternity benefit Act 1961 protects the employment of women during the time of her maternity and entitles her of… Read More
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 9th August, 2016 INCOME-TAX S.O. 2671(E).— In exercise of the powers conferred by section 295 read with clause (aa) of subsection (1) of section 12A of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby… Read More